Morepen Laboratories Ltd. has reported a 179 per cent rise in its net profit at Rs. 7.73 crore and 17.4 per cent rise in its net sales revenue at Rs. 141 crore in the fourth quarter (Q4) of fiscal 2016-17. The net profit and the net sales revenue stood at Rs. 2.77 crore and Rs. 119.77 crore in the corresponding quarter of the fiscal 2015-16.
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